Estate Planning for Blended Families
“Traditional, very simple estate planning may not be sufficient to accomplish estate planning goals in many blended family situations.”
What Does a Blended Family Need to Know about Finances?
“When combining finances as a new family, there’s lots to consider. To make the best choices, here are six key areas to plan ahead and consider.”
Why Do So Few Black Americans Have Wills?
“When actor Chadwick Boseman died, he didn’t have a will. Neither did recording artists Prince and Aretha Franklin. Each time the news broke, there was surprise that such notable names hadn’t made estate plans. Yet, estate planning isn’t as common as experts argue it should be, particularly among Black Americans.”
How Do I Avoid Estate Planning Mistake with a Blended Family?
“A second marriage can be a balm for the heartache of losing a spouse, be it through death or divorce. Nevertheless, if there are children or other heirs involved, you should consider carefully what will happen with your money and possessions when you pass on.”
Estate Planning and a Second Marriage
“Married people in second marriages with prior children often have to balance the future well-being of their spouse with that of their own children.”
Estate Planning for a Blended Family
“If you’re in a blended family, you’re already aware of the emotional and financial issues involved in your daily life. However, what about the future?”